The more you spend/convert the more get back or awarded with “R Points”
I do not see a Loyality Program at all. At the end it will cost Revolut (or us). Is it not better to keep it simple and cost efficient (like not having to pay a yearly fee)?
Is not necessary to be money they are plenty models and we can think new too … Revolut earns money when we are spending them … And this is a way to give a boost on this direction
In the end you are paying for these rewards yourself, either via higher transaction fees or yearly fees. I prefer Revolut trying to keep usage simple and cheap over any reward points.
What would you win with R Points, that’s the real point
Agree with Jona. Revolut might consider adding an in-app info on your cash savings (MTD, YTD and LTD) from using Revolut as a marketing tool, though. The reference point is obviously important. I’ve seen in some of their marketing material savings being calculated with reference to the airport exchange bureau rates - as much as I love Revolut, this is absolutely blunt!
I also think cash-backs or the likes should not be part of Revolut. I guess their margins are slim enough, I’d love for them to spend them in a better way.
What actually could be a great option both for Revolut and users would be to collect these “R-points” on transactions where Revolut actually profits, and then using them to raise the cash-withdrawal limit in some way.
Like, at the moment, if I only withdraw cash at ATM’s and never pay with Revolut, I will be negative value customer.
However, if I spend 1000€/month with them on CC payments, they could certainly allow me a higher cash withdrawal rate.
Thank you for your ideas. We really appreciate it.
Let’s see what we can do
Are there any news on this topic?
Hi id like to know why im not receing any rewards despite my referrals are successful in singing up